A Tennessee solar company was recently fined more than $220,000 and banned from doing business in the state of Kansas following what prosecutors called “unconscionable and deceptive acts and practices.” The action by the District Attorney in Wichita came after customers of Design 1 Group LLC complained about its work and sales efforts. …
SandRidge Energy plans to release its first quarter 2024 financial results after the close of markets on Tuesday, May 7. The company leaders will follow up the release with a conference call to be held Wednesday, May 8 at 10 a.m. central time. The Oklahoma City company is coming off a fourth quarter where …
Oklahoma U.S. Sens. James Lankford and Markwayne Mullin are among those in congress who are fighting efforts to make sure automakers include AM radio in their vehicles. Both signed on as co-sponsors of the AM Radio for Every Vehicle Act which has the support of 60 members of the Senate. The legislation would direct …
** Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals addressing environmental and social policy issues at Warren Buffett‘s conglomerate, all of which the billionaire investor and his board opposed. ** The rupture of a Louisiana pipeline that released 107,000 gallons of carbon dioxide raises concerns about similar issues among opponents of a proposed carbon pipeline in South …
State Treasurer Todd Russ reported tax revenue in Oklahoma creased from March to April but figures showed another drop in the gross production tax on oil and gas. Gross Production Tax or “GPT” totaled $1.2 billion and decreased $853.3M, or 43.2% from April 2023 to last …
While Oklahoma’s number of active oil and gas rigs remained steady over the past week, the nation’s count took another big drop. Baker Hughes Co. released its weekly rig count on Friday showing a decline of 8 rigs to a level of 605. The decline nationally included a loss of 7 oil rigs, leaving …
Crude oil prices finished a lower week in trading on Friday, falling nearly 1% and posting their biggest weekly loss in three months. Here’s what happened on Friday. Investors considered the latest US jobs data which was weak and were still wondering and hoping of the Federal Reserve might cut interest rates. With all indications …
When the U.S. Senate took up a reauthorization bill for the Federal Aviation Administration, Oklahoma Senator James Lankford made his sales pitch on the importance of the FAA’s Mike Monroney Aeronautical Center in Oklahoma City. “I would safely say to everybody that if you’ve been on a flight lately and it took off and …
Reports indicate Hertz,the rental car company, is planning to unload thousands more of its fleet of electric vehicles than originally planned. You might remember how the firm announced last year it planned to sell some of its EVs. Now it plans to sell another 10,000 of the vehicles even though Hertz had vowed last …
While the Federal Trade Commission considers the merger of Chesapeake Energy and Southwestern Energy of Houston, Southwestern’s debt just grew with the release of its first quarter earnings report. The company reported a net loss of $1.5 billion or $1.39 per diluted share. Southwestern’s total debt, as of March 31 of this year came …
